Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    9

  • Construction Materials

    Brick

  • Parking

    Private, Permit Required, Garage, Parking Lot, Other, Detached

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $525,000

  • Tax Amount

    $7,103

  • Zoning

    Residential with nonconforming use for garages (9) and parking spaces (13).

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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FREDERICK

Elementary School

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Listing Courtesy of Maureen J Foley , Charis Realty Group

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Dan DeBlock

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Exceptional mixed-use income-producing asset in downtown Frederick featuring a 2BR residential unit plus extensive parking and garage infrastructure. The property generates diversified income streams from residential tenancy, garage rentals, egress payments, and surface parking.

The residential structure underwent a complete renovation in 2019, including the addition of HVAC, providing modernized systems and improved tenant appeal. The home has also benefited from recent interior and exterior painting and has a proven track record as both a short-term rental and long-term rental, offering flexible income strategies.

The site includes a fully leased or leasable configuration of 9 garage units with electric service, 13 surface parking spaces, and private off-street parking for the residential unit. Garages and parking areas benefit from significant capital improvements completed in 2022, including structural stabilization of all garage units, full re-gravelling and leveling of the lot, and tree trimming to improve access and usability.

In 2025, the garage roof received protective tar coating to extend lifespan and reduce maintenance exposure. Security cameras are installed across the property, supporting tenant safety and asset protection. The property also provides access easements utilized by neighboring properties for rear access, adding functional value within the block.

This is a rare opportunity to acquire a stabilized, multi-income property with strong in-place cash flow and additional upside through parking optimization and rent growth in a high-demand downtown Frederick location.

465 W SOUTH STREET

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